Thoughts about the Forex market on 4.04.2018

Hello. below view on a few interesting points to trade in the Forex market on 4.04.2018


On NZDUSD already quite huddled in a corner of the triangle and formed a pattern of Absorption. I tend to break triangle to the upside and continue the uptrend. A small imbalance in favor of sellers, this may contribute. Transactions here are not considered.


On a pair USDCAD formed a pattern of Absorption, but recent lows update failed. Also formed a figure of Head and Shoulders that speaks of a possible trend reversal. You should look here to sales.


On the USDJPY in the same pattern of Absorption after the correction to the previously broken trend line. Perhaps we are trying to deploy trend. Confused only outnumbered buyers, at whose expense will go up is unclear. Consider purchase here.


On EURJPY formed a inside bar bounced off the 130.00 level. The price continues to move sideways and transactions do not see here, the prices are small. Looking forward to the development of the situation.

Open orders big banks

In open orders banks today, not many changes, the banks do not loose even after the holidays.
Thomson Reuters IFR otstupite on EUR/USD(-70пп) and opened Buy on GBP/USD.
Citi opened a Buy on NZD/JPY.

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